Jackson Hole Symposium Preview: Powell to Outline Fed Policy Direction

On August 18, Patrick Munnelly, a strategist from a market analysis firm, stated in a report that the upcoming Jackson Hole Symposium, which will open on Friday, is expected to be a critical moment for the market, during which Fed Chairman Powell will outline the Fed's short-term policy direction.

However, he pointed out that, as usual, the differing opinions of Trump and Bessent may add to the noise. Munnelly stated that the noise could stem from the ongoing discussion surrounding the Fed appointments, potential legal challenges, and changes in labor market reports.

He added, "Before this, the July FOMC minutes released on Wednesday may provide valuable clues to bridge the divergence in interest rate outlook."

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MechanicalMartelvip
· 21h ago
It can still rise, it all depends on what Powell says.
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GasFeeCrybabyvip
· 21h ago
What's the point of looking at the data? It's all up to Trump.
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GasDevourervip
· 21h ago
Anyway, interest rates are going to rise. Bad luck is just bad luck.
View OriginalReply0
ProbablyNothingvip
· 21h ago
It's nothing, just watch.
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SerLiquidatedvip
· 21h ago
It's another typical rhythm of the Fed spreading fear, uncertainty and doubt (FUD).
View OriginalReply0
MemeCoinSavantvip
· 21h ago
statistically speaking, powell's speeches are basically just premium copium for bulls tbh
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